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Commercial-Retail for sale in Le Caire Tunisia

USD 4,518,957

Office & Commercial space (For sale)

11,517 sqft
Reference: GSAZ-T34984 / tn60977941
The Hussein Tourist Hotel is located in Hussein Square in Cairo with a frontage of 65 meters facing the Hussein Mosque and Square directly and a 35 meter frontage on the main Azhar Street. The hotel occupies a total area of 1070 square meters with 535 square meters owned by the hotel registered as land and another 535 square meters allocated to the ground floor shops not owned by the hotel. The hotel consists of three floors each covering an area of 1070 square meters.
The reception entrance is from Khan El Khalili offering all its services including stairs elevator lounge and emergency stairs. The first and second floors comprise residential rooms totaling 52 rooms 4 suites and 4 service rooms. The third floor houses a restaurant and caf spanning 1070 square meters with two lounges overlooking Hussein Square and Azhar Street equipped with a kitchen cafeteria and two bathrooms. The rooftop includes 4 workers' rooms and 2 service rooms for the hotel.
The hotel with a Google rating of 4 stars has been closed for two years due to the need for renovation. The current room rental price is 50 per night.
It's worth noting that the area where the hotel is located Hussein Square is a tourist area with over 25 million visitors annually. The hotel presents a very strong investment opportunity with a price tag of 5 million.
Prestations
Pas d'informations disponibles
View more View less The Hussein Tourist Hotel is located in Hussein Square in Cairo with a frontage of 65 meters facing the Hussein Mosque and Square directly and a 35 meter frontage on the main Azhar Street. The hotel occupies a total area of 1070 square meters with 535 square meters owned by the hotel registered as land and another 535 square meters allocated to the ground floor shops not owned by the hotel. The hotel consists of three floors each covering an area of 1070 square meters.
The reception entrance is from Khan El Khalili offering all its services including stairs elevator lounge and emergency stairs. The first and second floors comprise residential rooms totaling 52 rooms 4 suites and 4 service rooms. The third floor houses a restaurant and caf spanning 1070 square meters with two lounges overlooking Hussein Square and Azhar Street equipped with a kitchen cafeteria and two bathrooms. The rooftop includes 4 workers' rooms and 2 service rooms for the hotel.
The hotel with a Google rating of 4 stars has been closed for two years due to the need for renovation. The current room rental price is 50 per night.
It's worth noting that the area where the hotel is located Hussein Square is a tourist area with over 25 million visitors annually. The hotel presents a very strong investment opportunity with a price tag of 5 million.
Prestations
Pas d'informations disponibles
Reference: GSAZ-T34984
Country: TN
City: Tunisia
Category: Commercial
Listing type: For sale
Property type: Office & Commercial space
Property subtype: Commercial space
Property size: 11,517 sqft
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